Yeah, but the Yen keeps gaining against most currencies and is way above where it was a few months ago.

BOC Press Conference

Back in the day, when I was a newbie trader, there was a gigantic spike in the market. I forget the details, but Oanda's software program didn't honor my stop loss settings. I lost hundreds of pips due to what they called volatility that prevented ...

OANDA stands by its clients

Back around 2005 or so, the FX market went through a massive SPIKE. I don't remember what the problem was. I was a newbie trader and held the naive belief that a stop loss was a stop loss. Unfortunately, my trades were not protected by the stop loss ...

Excel Markets: Critical - Open Positions Must be Closed

Bought the dips on USD/JPY & GBP/JPY and both in profit. Believe they will go higher in 2015.

Yen gains accelerate, headed for biggest gain since Dec. 16

I suspect the gullible reporter never applied for a brokerage account. Look at all the information that is required to start a live account these days: Documentation including trading experience, bank account info, NET WORTH and most importantly an ...

Whiz kid stock picker: I didn't actually make $72M trading

Guess I stumbled into tin foil hat night at the Forex Factory.

If You Thought Today's Jobs Report Was Awesome, Just Wait

Next week his EA with verified results goes on sale for only $10,000, but you can get a sneak peek deal for only $3995 if you buy today. :-)

Meet the high schooler who made $300K trading under his desk

As you and I have discussed, I had already done that several times lately, shorting at .85 plus, taking my pips and then waiting until the rebound up to .85plus and then shorting again. I was sorry to see the last rebound only went to .8459. but I ...

Australian National Accounts: National Income, Expenditure and Product

I adjusted my SL yesterday to 60 pips. Missed a few more on the short side, but those weren't my pips, they belonged to someone else. Waited out the rebound and got back in short today at 85.21. I'm resetting my SL pretty close on this one since the ...

Australia Building Approvals

Big banks that make up a huge percentage of the FX market needed to balance their accounts, take some profits, and let the Euro rise so they can short again. Does anyone think the Euro is in a good place and that the momentum will continue back to ...

EURUSD: Break Above 3.5-Month Bearish Trend Line at 1.2500 Could Mark Major Bottom

Wonder what will happen to the EUR/AUD this week? I think the ECB will not be kind to the EUR.

Australia Business Indicators

I may be making a mistake by putting my SL at 8461, too close to current level .8450. But the impulse is too strong to take 50 pips when I see quite a few positive signs on the Aussie that might drive it back up.

AU Manufacturing Edges Ahead in November

I'd Have to know more about exactly who RANsquawk is and what his interest is in moving the market before I'd make any moves based on the tweet. It's not as though this was direct from RBNZ.gov.

RBNZ says sold net NZD 1mln in October vs. net NZD 30mln in September

These guys arent morons. They know that the financial gurus read and parse every word for clues that will make the markets move. It almost makes one think they do it deliberately so someone can make a quick buck or two from insider mis-speaks.

Fed’s Bullard Says Markets Misread Him In October Bond-Buying Dustup

In the interest of transparency, they should have stated whether they already have positions in these trades from which they will profit if traders follow their recommendations. Or if they have purchased options on the other side which they can use ...

Goldman: Here Are Our Top 8 Trades For 2015

The last intervention of the SNB came at 120;09. The market inched down to 120.10 but stalled there. Might have to change a limit order to get a trade.

SNB Intervention Is Coming; How To Trade It? - Nomura

Some great opportunities to buy in on the reversals--if you have faith in your reading of the ultimate direction of the market. I was able to buy back long into the US/Cad at a price that was attractive and add to my shorts on NZD/US at 78.92.

Market Turmoil: 10am ET Sparks Sudden Reversal

Jail time plus being banned for life from any kind of trading would do wonders for this mindset among big bank traders that the rest of the traders are there for them to feed on by rigging the market. But it won't happen because the authorities are ...

How to make free money by team whacking the fix

Who got the payoffs in the Dept. of Injustice? There is simply no way this was ignored unless money changed hands--and there was plenty of dirty money around.

The $9 Billion Witness: Meet JPMorgan Chase's Worst Nightmare